5 Best Large Cap Stocks to Buy According to Analysts

2. Agnico Eagle Mines Limited (NYSE:AEM)

Average Upside Potential: 68.30%

Agnico Eagle Mines Limited (NYSE:AEM) is one of the best large cap stocks to buy according to analysts. On July 2, Agnico Eagle Mines reported a rock mass movement along the north wall of the Barnat open pit at the Canadian Malartic complex. No injuries or environmental impacts occurred, though the company has temporarily suspended mining operations in the pit as a precautionary measure while conducting geotechnical assessments.

To mitigate production impacts, the Canadian Malartic processing plant will utilize existing ore stockpiles. While second-quarter 2026 production remains unaffected at approximately 845,000 ounces of gold, the event is expected to reduce full-year 2026 production by 60,000 to 80,000 ounces, bringing expected output toward the lower end of the company’s annual guidance.

Looking ahead, Agnico Eagle Mines Limited (NYSE:AEM) anticipates potential production reductions of up to 150,000 ounces annually in 2027 and 2028. The company clarified that this event does not impact the development of the Odyssey mine or its long-term production goal of 1 million ounces annually from the complex by the early 2030s.

Agnico Eagle Mines Limited (NYSE:AEM) is a senior Canadian gold mining company and the world’s second-largest gold producer, focused on exploring, developing, and operating mines. It operates high-quality, low-risk assets primarily in Canada, Australia, Finland, and Mexico, with about 85% of its production coming from Canada.